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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Franco Modigliani and Keynesian Economics: Theory, Facts and Policy

Franco Modigliani and Keynesian Economics: Theory, Facts and Policy

Rancan, Antonella

Paperback

Series: Perspectives in Economic and Social History

Economics

ISBN10: 0367497018
ISBN13: 9780367497019
Publisher: Routledge
Published: Jun 25 2020
Pages: 182
Weight: 0.59
Height: 0.39 Width: 6.14 Depth: 9.21
Language: English

This book follows the intellectual path of Franco Modigliani, Nobel Prize winner and one of the most influential Keynesian economists of the twentieth century, tracing his development and examining the impact of his research.

The book begins with Modigliani's early work as a young law student in 1930s Italy and traces his development through his emigration to the US, his introduction to Keynes' General Theory at the New School, and his seminal 1944 article on Keynesian and classical economics. The book also examines Modigliani's pioneering theory of savings: the life-cycle hypothesis (with Richard Brumberg), and the Modigliani-Miller theorem, a cornerstone of modern theory of finance. The book argues that although Modigliani is placed amongst the most prominent Keynesian economists, his connections with Keynesian theory are of secondary importance until the beginning of the 1960s when he joined MIT.

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